Universal Life (UL), Cyprus. Universal Life was the first insurance company to be founded in Cyprus after the local insurance legislation was enacted in 1970. As such the Company was instrumental in the development of the life and health insurance industry on the island and is currently a leading insurance organisation with considerable diverse investments particularly in real estate. The Company’s steady progress over the years gives it a special place in Cyprus’s services sector and makes it an employer of choice for aspiring and accomplished professionals.

Residence: The position is at the Company’s headquarters in Nicosia, Cyprus and as such the incumbent will be required to reside in Cyprus.

Key Accountability:

The successful candidate will be expected to drive the continued development of a healthy and profitable Company. As such s/he will be expected to manage all strategic and business aspects as well as all operational matters.

General Management Responsibilities

Overall responsibility for the operation of a Life and Health Insurance Company operating under agency and bancassurance systems

Developing high quality business strategies and plans, ensuring their alignment with short-term and long-term objectives as set by the Board of Directors

Seeking opportunities continuously and using good judgement in evaluating these

Guarding Company Image

Guarding the Company’s reputation which enjoys top position in the research surveys of ‘Top of Mind’ and ‘Trusted Company’

Acting as: public face, public speaker and public relations representative of the Company in ways that strengthen the Company’s profile

Representing the Company in negotiations with associates, government departments and other key stakeholders

People Management:

Providing inspiring leadership through.

Motivating and developing people

Projecting genuine personal and team confidence

Living the Company’s values and beliefs

Being genuinely passionate about the Company’s goals

Ensuring that Recruitment, Selection, Development and People Retention is in line with the Company’s high standards

Qualifications

Strong University degree plus postgraduate level education (e.g. MBA)

Industry related experience, preferably but not mandatory

Proven experience at General Management level – at least five (5) years

Experience in a financial or related institution of at least five (5) years

Strong finance background as well as familiarity with diverse business functions

In-depth knowledge of corporate governance and general management best practices

Knowledge of Greek and fluency in English *

Excellent interpersonal and people leadership skills

(* Non-Greek speaking candidate with exceptional proven experience in ‘Life and Health’ are welcome to apply)

Reward package:

The Company is ready to offer an outstandingly competitive package to attract the right candidate: Gross salary (upper end of top quartile,) plus bonus (80:20.) In addition, a comprehensive benefits package will be offered that would include: savings plan, medical care, use of company car, group life.

Reporting: The position will be reporting to the Board of Directors

Declaration of interest: Interested candidates would need in the first instance to send their CV to our consultant at this email aris.petasis@petasisassociates.com who will also be available to answer queries on all facets of the search exercise.